SOLD – Absolute Real Estate Auction of Medical Office Building

THIS AUCTION HAS ENDED.

PROPERTY DETAILS: Absolute Real Estate Auction of East Woodland Medical Office Building, to be sold to the Highest Bidder without Minimum or Reservation!

• 7,000 Sq Ft Building
  • Separated into Two Medical Office Suites Complete with Exam Rooms, Doctors' Offices, Lobby/Reception Area, Lounges and Restrooms
    • 3,500 Sq Ft Upper Level
    • 3,500 Sq Ft Lower Level
• All Brick Exterior
• Ample Parking
• Approximately .65 Acre Lot
• Approximately 150 ft of frontage on E. Woodland Avenue
• Located Directly Across from Physicians Regional Medical Center - Tennova East
• Ideal for Medical or General Office Use
• Convenient to I-275

PAYMENT TERMS

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10% Buyer’s Premium On Site, 13% Buyer's Premium Online - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due sale date in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.  Square footage and acreage is believed to be accurate, but not guaranteed.

ZONING

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Zoned:  R-1A with IH-1:  General Residential with Infill Housing Overlay (City of Knoxville

UTILITIES

• Electricity: Knoxville Utilities Board
• Water: Knoxville Utilities Board
• Sewer: Knoxville Utilities Boardm
• Gas: Knoxville Utilities Board

TAXES

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Estimated Real Estate Taxes: According to the Knox County Property Assessors Office and the City of Knoxville Tax Office, the annual real estate taxes for the subject property are as follows:

• Knox County - $5,331.00
• City of Knoxville - $6,262.57
  • Buyer will pay a pro-rata share of current year property taxes
  • Back/Delinquent Taxes (if any) will be paid by seller

PROPERTY DOCUMENTS

• Aerial Image
• Floor Plan
• IH-1 Overlay District Ordinance (City of Knoxville)
• Knox County Map & Details Report
• KUB Natural Gas Map
• KUB Waste Water Map
• KUB Water Map
• Property Report
• Property Survey
• R1-A Zoning Ordinance (City of Knoxville)
• Sample Warranty Deed
• Sector Plan Map
• Tax Information
• Tax Map
• Title Commitment
• Title Commitment Exception Documents
• Utility Information
• Zoning Information
• Zoning Map

DIRECTIONS

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From I-275, take the Woodland Ave Exit (Exit 2B) and travel east on Woodland Ave approximately .9 miles to the property, on the right.